First-Time Home Buyers

Homebuyers did not have to truly be first-timers in order to qualify for the "first time homebuyer" tax credit, expiring Nov. 30; they only had to meet the limitation of not having owned a primary residence for the past three years, with income limits of $75,000 for individuals and $150,000 for...

33-year old renter Victor De Rossi tells The Associated Press that while he's looking for a home, there's no real sense of urgency: "We're just driving around, just starting the process. If I don't find the right house, we'll just rent another year." He adds that the new $8,000 tax credit for...